You may have heard of the crypto-coins, or "internet currencies," in newspapers, television, and the media in general. For those who do not know yet, crypto-currency is a kind of virtual currency, which uses encryption to keep it secure. Similar to the printed coin, which has serial numbers or hidden stripes to prevent forgery, the cryptomoeda uses unique codes that are very difficult to change. Among the new investments, it has been successful, including in Brazil.
The cryptomeo phenomenon
Cryptotomed, as its name implies, is a type of currency, of money, that can be used in the exchange of goods and services. One is deceived who thinks that the criptomoedas are modismos or investments escuso. Quite the contrary: companies like Microsoft, Dell, Tesla, Hostinger, WordPress, Soundcloud, Tecnisa, among others, already use this type of currency in their sales and transactions. The name refers to digital coins that use cryptography to secure transactions and to mint new virtual coins.
Advantages of cryptomoedas
There are many advantages to using crypto-currency and there is a great diversity of crypto-coins in the market, as we will see later, but one of the main benefits is to be able to make commercial transactions over the internet without using conventional money or paying tariffs for banking or financial institutions. This has attracted a very large audience and has been successful mainly with the young and economically active public, in addition to companies with digital presence.
Another great advantage of crypto-coins in relation to money is the difficulty it offers in theft, since it has security protocols. There is also no risk of inflation. They are safer even than credit cards, since card information can be stolen by hackers - when you buy crypto-coins, you do not fill in a credit card-like card, but a private key.
The future of crypto-coins
Crypto-coins are still very recent, and this causes a bit of fears for new investors. But its future is promising, since all types of commercial transactions are carried out in the digital universe. Because many of the digital currencies are not controlled by governments and state-owned financial institutions, some say they can interfere in order to maintain the value of their own currencies.
However, this is nothing more than speculation. There is also the possibility of interaction between crypto-coins and ordinary money, and these possibilities should trigger a large number of new investments in the long term - as in the case of exchange houses, for example. It is true that rules and measures for the use of crypto-coins should also emerge in the coming years - and this is already in the United States.
In this country, the government has decided that each state establishes rules for the use of this type of currency. Twelve states, in addition to Puerto Rico, have already issued licenses for exchanges of Bitcoins, a prominent virtual currency, responsible for most of the Crypto- world.
The discussion on the licensing of crypto-coins is of wind and pulp in the United States, and in most of the country there are already protocols and legislation for the safety and operation of commercial relations in this type of resource. To get an idea, Cameron and Tyler Winklevoss, the twin venture capitalists who sued Mark Zuckerberg about the origin of Facebook, already own a foreign exchange company called Gemini Bitcoin and are awaiting licensing regulations for their business.
Bitcoin, for example, the most popular criptomoeda of so many types that already exist in the market, must be a watershed, that will take this type of business to a possible society without money, as some experts believe. The brothers Cameron and Tyler Winklevoss, for example, currently own 1% of the 14 million bitcoins in the world.
How to get Cryptheads and Special Care
To acquire crypto coins, you must buy it in a kind of stock exchange. For this, you must have an online exchange account for credibility and experience in this segment. You can also opt for mining, as is the case of the Bitcoins, in which way all the units of this crypto-currency originate. However, in the case of this second alternative, it is necessary to invest a lot and only large companies today have achieved significant results, since they invest millions in the mining process.
In the case of Bitcoins, mining is carried out by specific software, which must be downloaded to the computer and integrated into a network with other computers. Mining occurs collectively by joining with other miners that integrate a pool, increasing processing power.
Key crypto-coins
In addition to the Bitcoins, the most well-known cryptomeo, there are several other less visible crypto-coins, which are expected to spread even further in the coming years. Here are some examples - they follow types, processing capabilities, and various goals. Access the official links to get to know them:
Litecoin (LTC or Ł)
Feathercoin (FTC)
Terracoin (TRC)
Freicon (FRC)
PhenixCoin (PXC)
AnonCoin
Noirbits
Nuggets
TimeKoin
Another cryptomade that has gained prominence is Zcash. It was created after the rise of the Bitcoins, but has significant differences. For example, Zcash automatically hides the shipping address, payee address, and value of all transactions - only those who have the view key have access to this information.
It was created precisely to ensure the privacy and security of businesses and commerce. This has attracted many investors as it greatly widens their possibilities. Learn more about Zcash on its official website.